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A view on the mountains in Davos
A view on the mountains in Davos
Stéphane Benoit-Godet

The global economy is doing wonderfully well. And yet, its key players are wary. Why? Because for all the good news about GDP growth, there are signs of deepening divisions in society, and a sense that for many people around the world, life will be harder for their children than it has been for themselves.

BlackRock, the largest fund manager in the world, just called for a change of perspective by urging its clients to strive to do good. Even the World Economic Forum (WEF) now replaces analysis of GDP evolution with an "inclusive development index" and thus pays less attention to short-term growth. The standard macroeconomic indicators, in other words, don't tell the whole story, they argue.

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Geopolitics

AMLO Power Grab: Mexico's Electoral Reform Would Make Machiavelli Proud

Mexican President Andrés Manuel López Obrador, aka AMLO, says his plans to reform the electoral system are a way to save taxpayer money. A closer look tells a different story.

President Andres Manuel Lopez Obrador of Mexico votes

Luis Rubio

OpEd-

MEXICO CITY — For supporters of Mexico's President Andrés Manuel López Obrador (AMLO) the goal is clear: to keep power beyond the 2024 general election, at any price. Finally, the engineers of the much-touted Fourth Transformation, ALMO's 2018 campaign promise to do away with the privileged abuses that have plagued Mexican politics for decades, are showing their colors.

Current electoral laws date back to the 1990s, when unending electoral disputes were a constant of every voting round and impeded effective governance in numerous states and districts. The National Electoral Institute (INE) and its predecessor, the IFE, were created to solve once and for all those endemic disputes.

Their promoters hoped Mexico could expect a more honest future, with the electoral question resolved. The 2006 presidential elections, which included AMLO as a recalcitrant loser, showed this was hoping for too much. That election is also, remotely, at the source of the president's new electoral initiative.

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